Tag: Breaking News: Markets
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Broadcom has its mojo back into earnings. What it will take to keep the momentum going
Broadcom will need to deliver on key metrics to sustain its rally.
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SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
The analysts see a wide range of possibilities around xAI and find its “economic moat indeterminate.”
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Alphabet’s $80 billion stock sale leaves Wall Street in ‘unprecedented territory,’ says Goldman’s Gutman
Goldman Sachs is acting as a joint book-running manager for Alphabet’s underwritten offerings.
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Trump tariff plans weigh on European stocks; Dulux owner’s shares halted as takeover falls through
Investors are also continuing to monitor developments in the U.S.-Iran war after tensions escalated overnight.
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Bitcoin hits lowest since February as crypto competes for liquidity with blockbuster IPOs
Bitcoin continues to decline as stocks hit record highs, with investors also eyeing big IPOs.
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Big Tech’s AI ambitions pose a major power test for Europe
Japan’s SoftBank on Saturday announced plans to build 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031.
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U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
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Australia’s first-quarter economic growth misses estimates on severe weather, weak demand
The country’s GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists’ expectations for a 2.6% growth.
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U.S., Iran intensify attacks as ceasefire frays, peace talks stall
The regional conflict has hardened into a stalemate as the U.S. and Iran failed to turn a fragile ceasefire into a lasting peace deal.
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Oil climbs as U.S.-Iran trade strikes while Trump says negotiations with Tehran underway
U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles following “attempted attacks” by Iran.
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